Global payments infrastructure platform Mercuryo has added USD Coin (USDC) on BASE to its suite of digital tokens in response to user demand after the network passed the milestone of one million daily active addresses for the first time.
The launch of USDC on BASE, a Coinbase layer-2 network, will provide users with access to the second biggest stablecoin on Base. The growth in Base’s user base has resulted in it gaining traction among rival Layer-2's to become the second largest Ethereum scaling solution.
“We are delighted to add USDC on Base, which is now the top Layer-2 for USDC by TVL, just behind Ethereum,” said Bakhrom Saydulloev, Product Lead at Mercuryo.
Saydulloev added that the “surge in users” on Base was fueled by factors such as reduced rollup fees and “the meme coin craze”, alongside Base’s consumer-focused applications and vibrant community.
“Base’s share of USDC volume has skyrocketed from under 1% to nearly 9% in the past six months,” said Saydulloev. “We expect this to grow even further, potentially reaching 20% in the next six to 10 months, driven by Base’s fast adoption, user experience and successful projects such as Farcaster, friend.tech and Zora.”
Furthermore, Mercuryo has added Tether tokens (USDt) on Solana, USDt on BNB (BNB) and Uniswap (UNI) in a move that is designed to further empower the platform’s growing user base.
The launch of these new digital tokens, which takes Mercuryo’s total offering to 44, providing the platform’s users with a diverse range of tokens applicable across a wide variety of projects in the Web3 ecosystem and decentralised finance (DeFi).
The introduction of USDC on Base, USDt on Solana, USDt on BNB and UNI will bring significant benefits to Mercuryo’s customer base, forming part of a commitment to expanding offerings, driving innovation and supporting users in their journey into the digital economy.
Mercuryo is a first-mover and innovator in the fast-evolving Web3 space, providing a variety of payment solutions along with seamless on-chain integration. Mercuryo’s intuitive solutions are simplifying the experience for newcomers to the digital token space. Mercuryo specialises in efficient capital flow in the DeFi ecosystem and combines various payment solutions into a single interface.
